We're fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.

Or, at least a contractual commitment from him that we can revisit the share allocation based based on the depreciation recapture based on when, and how much, we sell the property for. 

I beleive offering buyer agency fees will ultimately be where sellers should allocate most of their marketing money, not in listing fees. 

And you must use all of your net proceeds in the purchases.The opportunity for you is that you can allocate the cash from your sale anyway you want. 

Together, we negotiated a great price of $20,000, allowing us to allocate more funds toward renovations while ensuring profitability.

Its definitely a big cost/premium risk allocation discussion

I will also emphasize the importance of keeping at least 5% of your gross rent income and allocate it toward emergency situations each month. 

My kids are a bit older now and it would be more realistic to be able to allocate the necessary time to being a landlord. 

When you live in that duplex for 2 years and then sell you'll be able to take 50% of the profit tax free (the allocation for the side you lived in). 

If you use a $100K HELOC from your primary home to invest in two rentals, allocate the interest deduction to the rentals based on the funds used ($50K each).